Reaves Utility If Fund Price on July 18, 2024
| UTG Fund | USD 34.87 0.12 0.34% |
Below is the normalized historical share price chart for Reaves Utility If extending back to February 25, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Reaves Utility stands at 34.87, as last reported on the 29th of November, with the highest price reaching 35.29 and the lowest price hitting 34.87 during the day.
If you're considering investing in Reaves Fund, it is important to understand the factors that can impact its price. Reaves Utility appears to be very steady, given 3 months investment horizon. Reaves Utility If maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the entity had a 0.28% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Reaves Utility If, which you can use to evaluate the volatility of the fund. Please evaluate Reaves Utility's Risk Adjusted Performance of 0.2234, semi deviation of 0.6368, and Coefficient Of Variation of 345.35 to confirm if our risk estimates are consistent with your expectations.
Reaves Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Reaves |
Sharpe Ratio = 0.2841
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Reaves Utility is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Reaves Utility by adding it to a well-diversified portfolio.
Market Capitalization 2.3 B |
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Reaves Utility Valuation on July 18, 2024
It is possible to determine the worth of Reaves Utility on a given historical date. On July 18, 2024 Reaves was worth 27.68 at the beginning of the trading date compared to the closed value of 27.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reaves Utility fund. Still, in general, we apply an absolute valuation method to find Reaves Utility's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Reaves Utility where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reaves Utility's related companies.
| Open | High | Low | Close | Volume | |
| 27.58 | 27.79 | 27.53 | 27.79 | 478,321 | |
07/18/2024 | 27.68 | 27.88 | 27.60 | 27.67 | 373,371 |
| 27.72 | 27.73 | 27.52 | 27.63 | 209,341 |
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Reaves Utility Trading Date Momentum on July 18, 2024
| On July 19 2024 Reaves Utility If was traded for 27.63 at the closing time. Highest Reaves Utility's price during the trading hours was 27.73 and the lowest price during the day was 27.52 . The net volume was 209.3 K. The overall trading history on the 19th of July contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.14% . The trading delta at closing time to current price is 0.72% . |
Reaves Utility If Fundamentals Correlations and Trends
By evaluating Reaves Utility's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Reaves Utility's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reaves financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Reaves Utility Fund history
Reaves Utility investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Reaves is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reaves Utility If will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Reaves Utility stock prices may prove useful in developing a viable investing in Reaves Utility
Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.
Reaves Utility Fund Technical Analysis
Reaves Utility technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Reaves Utility Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Reaves Utility If cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Reaves Utility November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Reaves Utility fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reaves Utility shares will generate the highest return on investment. By undertsting and applying Reaves Utility fund market strength indicators, traders can identify Reaves Utility If entry and exit signals to maximize returns
Reaves Utility Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reaves Utility's price direction in advance. Along with the technical and fundamental analysis of Reaves Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reaves to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2234 | |||
| Jensen Alpha | 0.223 | |||
| Total Risk Alpha | 0.1162 | |||
| Sortino Ratio | 0.1315 | |||
| Treynor Ratio | 0.9719 |
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Other Information on Investing in Reaves Fund
Reaves Utility financial ratios help investors to determine whether Reaves Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Reaves with respect to the benefits of owning Reaves Utility security.
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